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The backlash against Big Tech moved into a new phase Monday as officials from nearly all US states announced an antitrust investigation into the dominance of internet giant Google. The announcement from 50 attorneys general calls for a probe into whether Google abused its power in the online ecosystem at the expense of rivals or consumers.

British oil giant BP announced Tuesday it will sell all of its Alaska operations for $5.6bn, exiting the state after 60 years to help meet divestment goals. The local firm Hilcorp Alaska will acquire the BP assets, including operations in the mammoth Prudhoe Bay oilfield, BP said in a statement.

According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organisations and one unknown entity.

An Oklahoma judge on Monday ordered US health care giant Johnson & Johnson to pay $572m in damages for its role in fostering the state's opioid addiction crisis. In the first civil trial of a drugmaker over an epidemic that has caused hundreds of thousands of overdose deaths, Judge Thad Balkman said prosecutors had demonstrated that J&J contributed to a "public nuisance" in its deceptive promotion of highly addictive prescription painkillers.

Apple and Samsung have been hit with a class-action lawsuit over claims that their phones expose users to radio frequency emissions up to 500 percent beyond the limits "set forth by the Federal Communications Commission (FCC)," the website Apple Insider reported on Saturday.

Audi is set to join an alliance with rivals Daimler and BMW to develop advanced driving assistance systems, German weekly Wirtschaftswoche said on Thursday. According to the newspaper, Audi, a unit of Volkswagen will announce the alliance at the Frankfurt auto show in early September.

China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15bn listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters.

After extended negotiations and a lawsuit that threatened to “impact the entire 5G market,” Qualcomm, the world's largest seller of smartphone chips, said it had entered into a licensing deal with LG Electronics that will continue the South Korean company’s access to the US chipmaker’s 3G, 4G, and 5G cellular modem technologies.

Top prosecutors from a group of US states are readying a joint investigation into whether major technology firms have violated antitrust law, the Wall Street Journal reported Monday. The alliance of state attorneys general could formally announce next month that they are delving into whether leading internet firms and technology platforms have used their clout to thwart competition, the Journal reported, citing unnamed people familiar with the matter.

Twenty-three job-hunting sites have written to the EU’s Competition Commissioner to ask Google to withdraw its first-party job listing tool from its search results, Reuters reports. The sites, which include UK site Best Jobs Online and German sites Intermedia and Jobindex, claim that Google is unfairly pushing users toward its own service, while their pages are being pushed down in search results.

The backlash against Big Tech moved into a new phase Monday as officials from nearly all US states announced an antitrust investigation into the dominance of internet giant Google. The announcement from 50 attorneys general calls for a probe into whether Google abused its power in the online ecosystem at the expense of rivals or consumers.

British oil giant BP announced Tuesday it will sell all of its Alaska operations for $5.6bn, exiting the state after 60 years to help meet divestment goals. The local firm Hilcorp Alaska will acquire the BP assets, including operations in the mammoth Prudhoe Bay oilfield, BP said in a statement.

According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organisations and one unknown entity.

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